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United States

Hayoung Choi

Samsung BioLogics' listing under review after regulator says it breached accounting rules

Nov 14 2018

SEOUL South Korea's top financial regulator said Samsung BioLogics Co Ltd had intentionally breached accounting rules ahead of its 2016 listing, leading to a suspension in trading of the biotech firm's shares and a review of its listing status.

Samsung BioLogics shares plunge over accounting concerns

Nov 12 2018

SEOUL Shares in Samsung BioLogics Co Ltd plunged on Monday amid concerns about its accounting practices ahead of a meeting of regulators this week to review whether it has violated rules which could lead to its delisting.

As North Korea ponders economic reform, its top diplomat to visit Vietnam

Nov 07 2018

HANOI/SEOUL North Korea's foreign minister, Ri Yong Ho, will visit Vietnam this month to learn about its model of economic reform, a diplomatic source and media reported on Wednesday.

South Korea third-quarter GDP growth misses forecasts, construction spending plunges

Oct 24 2018

SEOUL South Korea's economy grew slightly slower than expectations in the third quarter, and in line with the previous three-month period, as a plunge in domestic investment offset the positive effects from government stimulus and resilient exports.

South Korea third-quarter GDP growth seen ticking up but consumer sector looks sluggish: Reuters poll

Oct 23 2018

SEOUL South Korea's economy likely grew faster in the July-September period than the previous quarter, a Reuters poll showed, with government stimulus and foreign demand for memory chips expected to offset weak consumer and property sectors.

South Korea holds rates but leaves door open for November hike

Oct 18 2018

SEOUL South Korea's central bank kept its benchmark rate unchanged on Thursday but flagged concerns about mounting household debt and financial stability, boosting expectations that it could raise rates as soon as next month.

POLL-S.Korea central bank to keep rates unchanged but signal Nov hike

Oct 15 2018

* reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/cb-polls?RIC=KROCRT%3DECI poll data

South Korea export outlook still seen solid despite sharp September drop

Sep 30 2018

SEOUL - South Korea's exports fell the most in over two years in September, but analysts chalked up the decline to fewer working days and said global demand for the country's goods still seems strong despite mounting Sino-U.S. trade tensions.

Bank of Korea holds off tightening policy on jobs, inflation worries

Aug 31 2018

SEOUL The Bank of Korea kept monetary policy unchanged as expected on Friday, and its chief hosed down expectations of further policy tightening this year, in the face of a jobs crisis and inflation still stubbornly below target.

POLL-S.Korea base rate seen on hold in August, pressured by poor economic data

Aug 28 2018

* reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/cb-polls?RIC=KROCRT%3DECI poll data

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